Finance Committee Special (Virtual) Meeting Minutes

October 21, 2020, 1:00-2:00 PM

Yu Ming Charter School

Minutes

Finance Committee Special (Virtual) Meeting

Date and Time

Wednesday October 21, 2020 at 1:00 PM

This meeting will be by teleconference pursuant to Executive Orders N-25-20 and N-29-20.

The Board of Directors (“Board”) and employees of the Yu Ming Charter School shall meet via the Zoom meeting platform. Members of the public who wish to access this Board meeting may do so at:
https://yumingschool.zoom.us/j/83090120894?pwd=VjVKbURZN21lVDcxSzhQYXI3d3BpUT09

Meeting ID: 830-9012-0894
Password: 0066

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Committee Members Present

B. Badillo (remote), J. Norman (remote), R. De Walque (remote), S. Park (remote)

Committee Members Absent

None

Guests Present

E. Wood (remote)

I. Opening Items

A. Call the Meeting to Order

J. Norman called a meeting of the Finance Committee of Yu Ming Charter School to order on Wednesday Oct 21, 2020 at 1:06 PM.

B. Record Attendance and Guests

C. Approval of Agenda

S. Park made a motion to approve the agenda.

R. De Walque seconded the motion.

The committee VOTED to approve the motion.

Roll Call
S. Park	Aye
E. Wood	Abstain
J. Norman	Aye
B. Badillo	Aye
R. De Walque	Aye

D. Approval of September 22 Minutes

B. Badillo made a motion to approve the minutes from Finance Committee Regular (Virtual) Meeting on 09-22-20.

R. De Walque seconded the motion.

The committee VOTED to approve the motion.

Roll Call
S. Park	Aye
B. Badillo	Aye
E. Wood	Abstain
J. Norman	Aye
R. De Walque	Aye

II. Invitation to the Public to Address the Committee

A. Public Comments

There were no members of the public in attendance.

III. Items of Business

A. Financial Report Update

Brian shared the August financial report. We expect the full PPP loan to be forgiven, census enrollment is 555 (530 ADA), and we reduced ECP fees by half. The committee discussed the cost/benefit of restoring salary increases for this year for teachers and providing a COLA for classified and certificated staff.

IV. Closing Items

A. Review of Action items and Future Agenda Items

No future items were discussed.

B. Schedule Next Committee Meeting(s)

The next Finance Committee meeting was scheduled for December 1st at 2 pm.

C. Adjourn Meeting

There being no further business to be transacted, and upon motion duly made, seconded and approved, the meeting was adjourned at 2:14 PM.

Respectfully Submitted,

J. Norman

THE ORDER OF BUSINESS MAY BE CHANGED WITHOUT NOTICE
Notice is hereby given that the order of consideration of matters on this agenda may be changed without prior notice.
REASONABLE LIMITATIONS MAY BE PLACED ON PUBLIC TESTIMONY
Members of the public are welcome to speak on any agenda or non-agenda items so long as the matter pertains to the domain and jurisdiction of the school board. Public testimony on non-agenda items will be heard at the opening of the meeting. Public testimony on agenda items will take place as each item is presented. The Board’s presiding officer reserves the right to impose reasonable time limits on public testimony.
REASONABLE ACCOMMODATION WILL BE PROVIDED FOR ANY INDIVIDUAL WITH A DISABILITY
Requests for disability-related modifications or accommodations to participate in this public meeting should be made 24 hours prior to the meeting by calling (510) 326-1048 or emailing or ymclosure@yumingschool.org. All efforts will be made for reasonable accommodations. The agenda and public documents can be modified upon request as required by Section 202 of the Americans with Disabilities Act.
FOR MORE INFORMATION
A copy of the written materials which will be submitted to the Board may be reviewed by any interested persons on the Yu Ming Charter School’s website along with this agenda following the posting of the agenda at least 72 hours in advance of this meeting.
For more information concerning this agenda or to receive access to materials relating to this meeting, please contact Yu Ming Charter School at (510) 452-2063 or office@yumingschool.org.